Argentina’s Metropolitan City Starts Tax Payment Era with Cryptocurrencies

With a new announcement from the government, it has been announced that the use of crypto money for tax payments has begun to be accepted in the city of Mendoza, Argentina.

While the use of cryptocurrencies is becoming more widespread day by day, the rapid adaptation of Latin and South American countries does not go unnoticed. In the light of recent developments, approximately In the city of Mendoza with a population of 1 million Cryptocurrencies can be used for tax payments. officially announced.

In the statement made by the Tax Office in Mendoza, only in the first stage for tax payments Tether (USDT)It was stated that it would be accepted. It was underlined that other cryptocurrencies, especially stablecoins, will be included in tax payment systems in the future.

In the statement made by the authorities of the city of Mendoza, one of the global pioneers of wine and olive production, “different ways for taxpayers to comply with their tax obligationsThis innovative step, which is described as giving ”, is expected to have a positive impact on the community.

In addition, Mendoza, which accepts tax payment with cryptocurrencies, not the first city. In March of this year Florida Governor Ron DeSantis has announced that it is taking steps to enable firms to pay taxes in cryptocurrencies. Moreover SwitzerlandIt is known that in the Zug canton region of , data tax payments can be made with Bitcoin and Ethereum from the beginning of 2021.

source site-9